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Can You Get Rich Day Trading

Can you get rich day trading? Are you for real?

Day trading the stock market can be daunting for the newbie, with numerous articles about people who have lost their life savings, or worse still, hung themself in their bedroom, you certainly need to approach this side of the markets with caution. It’s all to easy to think you will become a superstar day trader out shopping for a new...
Can You Get Rich...

Day trading demo account vs real one: Bad idea!

If you read through Online forums, trading advice websites and various other learning materials, the general consensus is that newbie traders should trade a demo account exclusively until they have found an edge capable of providing them with a sufficient advantage in the markets; at this point they are ready to step into in the...
Why Demos Don't Work...
Do Day Traders Make Money

Do day traders make money? Yes 1.8% here’s why

Making money consistently in the stock markets is what every trader sets out to try and do, and it doesn’t take too much time staring at a chart to realize that this is far more easily done in principle than when opening, holding and closing out positions in real time. You can tip the odds in your favor of course (may the odds be ever in your...
Why Just 1.8?...

How long does it take to learn day trading? Truth

Whilst there are no set rules on how long it will take you to become a profitable day trader, there are certainly some personality traits and interests you can have which will not only speed up your learning process, but also reduce your chances with women and be the person no one wants to listen to at the dinner party (I’m joking of...
How Long Does It Take...
Day Trading Strategies

Day trading strategies: Beat your broker first!

It’s pretty damned obvious that day trading the stock market is a tough challenge, and even once you reach a point where you are making consistent pips, sometimes just being good, isn’t good enough. Brokerage fees are unavoidable, and having your positions start out at a loss each time can make you feel like you are in a constant battle to...
Beating Your Broker...
Is Intraday Trading the New American Dream?
The American Dream is an idea, it is a belief that anyone, regardless of class, race or social background can build a successful life for themselves if they make sacrifices and take risks. The premise is based on the United States being the land of opportunity and through hard work and effort, you will be rewarded with...
The Intraday Dream...
Is Day Trading Down to Luck
Is day trading completely down to luck? Yes or no
There are literally so many market participants actively trading in the markets that you have to wonder if the traders who eventually become millionaires didn’t simply achieve this on the back of a huge a lucky streak. You would assume that with the amount of trades someone would need to place before they made a million bucks that their luck would...
How Much Luck Is Involved...